Drone services set to expand rapidly

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The global drone services market will expand at a compound annual growth rate of 32.5 per cent between now and 2027, according to a study by Transparency Market Research.

The report, Drone Services Market, said Europe is projected to be the second-largest market for drone services during the forecast period.

The rising use of drone delivery services in the healthcare and warehouse industries in the region is expected to augment the adoption of drone services in Europe in the next few years.

North America is expected to dominate the global market between 2019 and 2027, owing to the increasing demand in the infrastructure, media & entertainment, and agriculture sectors in the region.

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